I believe everyone would fall in love with Elegant Theme Monarch Plugin. I did. But one thing which plugin was missing was the Short URL services like Bitly. They would soon add that support mean while I tried to make the plugin work using the below modification meanwhile:

1.) Open and Edit wp-content/plugins/monarch/monarch.php

2.) Around line number 2375 add the below chunk of code:

 

Screenshot

2015-05-07_1155

 

3.) Add the below code in wp-content/themes/{your-theme}/functions.php and replace the $login & $appkey variable. You can find your Bitly API key from https://bitly.com/a/your_api_key

P.S: make_bitly_url() function credit goes to David Walsh